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12131 & 12135 Lisa Circle Omaha NE 68137 12131 Lisa Circle

11 Unit Block of Flats £1,025,700 (£93,245/Unit) Omaha, NE 68137

Investment Highlights

  • Great Value Add property that's close to Millard School System, Close to I - 80
  • Buildings Built in 1963 & 1984 with some under remodel
  • Close to L Street Marketplace, Sam's, Wal-Mart Supercenter and Target
  • 10 apartments with 2 bedrooms, 1 with 1 Bedroom

Executive Summary

Priced at $1,300,000, these two well-maintained apartment buildings offer a prime investment opportunity with a value-add potential in a high-demand location near 120th & L St., minutes from I-80, major shopping centers, and within the Millard School District. Comprising 10 two-bedroom, one 1-bedroom unit across two buildings (built in 1963 and 1984) on a 0.52-acre lot, this property boasts a proforma cap rate of 6%. Each building is fully equipped with laundry facilities, and units include essential appliances, such as dishwashers, electric stoves, and refrigerators. With separate meters for electric and gas and landlord-paid water and sewer, this property provides an ideal setup for streamlined management. Additional features include garden space behind the buildings, ample square footage across both structures, and convenient access to amenities—making this a fantastic opportunity for investors seeking long-term growth and stability.

Property Facts

Price £1,025,700
Price Per Unit £93,245
Sale Type Investment
No. Units 11
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.52 AC
Building Size 5,816 SF
Number of Floors 3
Year Built 1963

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2186-0952-22
Land Assessment
£36,136
Improvements Assessment
£530,287
Total Assessment
£566,423

zoning

Zoning Code R-6
R-6
  • Listing ID: 33723109

  • Date on Market: 01/11/2024

  • Last Updated:

  • Address: 12131 Lisa Circle, Omaha, NE 68137

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